iPath S&P 500 VIX Short-Term Futures ETN (VXX): The market is very much in a wait and se...

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iPath S&P 500 VIX Short-Term Futures ETN (VXX)

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Re: BottomBounce post# 2331

Monday, 01/16/2017 7:02:19 PM

Monday, January 16, 2017 7:02:19 PM

The market is very much in a wait and see mode... I'm surprised at the amount of willingness to just hold pat... considering the amount of profit most have seen since the election... seems prudent to take some profit off the table... I only assume that we will see a light selling but enough to create some Vxx movement... however we may just move in a tight range until after the inauguration... I may just open a second position for the week after just to stay hedged... it's kind of a just in case position... we shall see... glty Vxx

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